Excerpt from Hints, by Way of Warning, on the Legal, Practical, and Mercantile Difficulties, Attending the Foundation and Management of Joint Stock Banks
It may be desirable in the first instance, to direct attention to the course of banking generally; confining the enquiry to its rise and progress in England, without going back to Joseph, the collector of the precious metals, for the first private banker; or to the year 1200, for the first National Bank, founded in Venice, under the title of the Chamber of Loans.
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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
"Sinopsis" puede pertenecer a otra edición de este libro.
Excerpt from Hints, by Way of Warning, on the Legal, Practical, and Mercantile Difficulties, Attending the Foundation and Management of Joint Stock Banks
It may be desirable in the first instance, to direct attention to the course of banking generally; confining the enquiry to its rise and progress in England, without going back to Joseph, the collector of the precious metals, for the first private banker; or to the year 1200, for the first National Bank, founded in Venice, under the title of the Chamber of Loans.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Excerpt from Hints, by Way of Warning, on the Legal, Practical, and Mercantile Difficulties, Attending the Foundation and Management of Joint Stock Banks
The recent discussions on the renewal of the Bank Charter have called forth opinions from eminent Lawyers favorable to the legal right of an unlimited number of Capitalists to establish partnership deposit Banks, in the cities of London and Westminster. These opinions, (giving to them for the moment, all the weight of judicial decisions), go no further than to determine that Joint Stock Banks for deposits, may be established without infringement of the privileges secured to the Bank of England; and if the same legal authorities were consulted as to the means by which a numerous body of partners in banking can, without being incorporated, protect themselves and the public, in the advantages which an honest employment of Capital might seem to promise, the opinions would at once proclaim the utter impracticability of such a scheme.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
"Sobre este título" puede pertenecer a otra edición de este libro.
Librería: Forgotten Books, London, Reino Unido
Paperback. Condición: New. Print on Demand. This compelling book analyzes the viability of establishing Joint Stock Banks in London and Westminster, assessing the legal complexities, practical challenges, and potential consequences. Set against the backdrop of the renewal of the Bank of England Charter, it delves into the legal opinion of the Attorney and Solicitor Generals, examining the distinctions between corporate bodies and joint-stock companies. The author meticulously unpacks the various legal impediments and potential inconveniences associated with establishing an unchartered Joint Stock Bank, including the absence of a power to sue and be sued in the company's name and the lack of a clearly defined liability structure. This detailed analysis is complemented by insights from industry professionals, such as Mr. Watt, Manager and Secretary of the Hudderseld Banking Company, who emphasizes the importance of a substantial paid-up capital and the potential pitfalls of operating with limited financial resources. The book concludes by considering the potential reactions from the Bank of England and private banks in response to the establishment of Joint Stock Banks, highlighting the fierce competition and potential retaliation that could ensue. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Nº de ref. del artículo: 9781331184508_0
Cantidad disponible: Más de 20 disponibles
Librería: PBShop.store US, Wood Dale, IL, Estados Unidos de America
PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000. Nº de ref. del artículo: LW-9781331184508
Cantidad disponible: 15 disponibles
Librería: PBShop.store UK, Fairford, GLOS, Reino Unido
PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000. Nº de ref. del artículo: LW-9781331184508
Cantidad disponible: 15 disponibles